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Mid-America Apartment Communities (MAA)

Mid-America Apartment Communities (MAA)
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[[ session ]] by (Cboe BZX)
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Cash Flow for [[ item.sessionDateDisplayLong ]]

Fiscal Year End Date: 12/31

(Values in U.S. thousands)
  12-2005 12-2004 12-2003 12-2002 12-2001
Cash Flows From Operating Activities
Net Income 19,744 25,198 20,206 16,141 28,698
Depreciation Amortization 74,066 68,188 59,496 57,610 54,548
Accounts payable and accrued liabilities 2,511 -926 1,232 -755 -521
Other Working Capital 6,519 4,067 -1,096 4,368 5,362
Other Operating Activity -4,035 -8,825 -3,318 2,661 -7,510
Operating Cash Flow $98,805 $87,702 $76,520 $80,025 $80,577
Cash Flows From Investing Activities
PPE Investments -121,311 -168,741 -113,420 -24,644 -13,468
Purchase Of Investment N/A -5,222 -4,727 -4,054 N/A
Sale Of Investment 14,903 6,427 445 275 289
Other Investing Activity 0 234 -21,853 -4,708 0
Investing Cash Flow $-106,408 $-167,302 $-139,555 $-33,131 $-13,179
Cash Flows From Financing Activities
Change In Short Term Borrowing 29,228 189,496 218,399 60,623 -12,432
Debt Issued 27,851 91,434 27,498 11,900 110,641
Debt Repayment -10,921 -152,046 -175,852 -49,625 -100,823
Common Stock Issued 38,397 24,854 60,036 875 1,466
Common Stock Repurchased N/A -54 -47 N/A -3,280
Dividend Paid -70,785 -68,702 -64,664 -63,904 -63,806
Other Financing Activity -1,236 -5,044 -3,690 -8,361 -3,067
Financing Cash Flow $12,534 $79,938 $61,680 $-48,492 $-71,301
Beginning Cash Position 9,133 8,795 10,150 11,748 16,095
End Cash Position 14,064 9,133 8,795 10,150 12,192
Net Cash Flow $4,931 $338 $-1,355 $-1,598 $-3,903
Free Cash Flow
Operating Cash Flow 98,805 87,702 76,520 80,025 80,577
Capital Expenditure -131,000 -184,420 -139,667 -61,535 -36,113
Free Cash Flow -32,195 -96,718 -63,147 18,490 44,464
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